Relates to the appropriation to the Public Employee Retirement System for fiscal year 2026.

This appropriation provides an additional $3,641,000 to the maintenance appropriation provided to PERSI found in Senate Bill 1110. Table 1 shows incremental adjustments to the budget found in the bill, of which the ongoing increase is $12,500 and $3,628,500 is onetime. Table 2 shows the adjustments leading to the FY 2026 Total. The total budget for PERSI is $14,645,000. Table 1 FTP Gen Ded Fed Total 1. Upgrade Pension Software 0.00 0 3,000,000 0 3,000,000 2. Board Travel 0.00 0 12,500 0 12,500 IT Hardware 0.00 0 628,500 0 628,500 FY 2026 Enhancements 0.00 0 3,641,000 0 3,641,000 % Chg from FY 2026 Maintenance 33.1% 33.1% Table 2 FTP Gen Ded Fed Total FY 2025 Original Appropriation 81.00 0 13,909,100 0 13,909,100 Removal of Onetime Expenditures 0.00 0 (3,364,600) 0 (3,364,600) FY 2026 Base 81.00 0 10,544,500 0 10,544,500 Personnel Benefit Costs 0.00 0 92,600 0 92,600 Statewide Cost Allocation 0.00 0 10,200 0 10,200 Change in Employee Compensation 0.00 0 356,700 0 356,700 FY 2026 Program